This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Upper Montclair page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 12,279, so Upper Montclair should be compared with similar-size places before using broader New Jersey averages. Median household income is $250,001, so the best affordability read for Upper Montclair is income versus housing, taxes, utilities, and insurance together.
Median home value is $968,200, so ownership costs in Upper Montclair should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $2,290/mo, so renters can compare Upper Montclair against ownership costs and nearby rental markets.
Housing and Income Context
For Upper Montclair, household income runs high enough that housing choice can dominate affordability. Home values are high, making down payment and insurance assumptions especially important.
Use the home value, rent, and income fields together before deciding whether Upper Montclair looks more favorable for renting, buying, or comparing with Clifton, NJ.
Utility Cost Context
The residential electricity benchmark is $0.235/kWh, so Upper Montclair households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Upper Montclair is a New Jersey state-level EIA benchmark, so it should not be read as a local provider tariff.
For Upper Montclair, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $10,001, so Upper Montclair buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Upper Montclair address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Upper Montclair depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Upper Montclair, especially when comparing with Clifton, NJ.
Population and Demographics
Median age is 41.3, so Upper Montclair may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 85.5%, so Upper Montclair education context can be useful when reading labor-market and school sections.
Unemployment is 4.8%, so Upper Montclair wage and job-market context should be compared with commute options and regional employment centers.
